Research and Markets: Global Biochar Market 2015-2019: A Lack of Demonstration Projects Acts as a Growth Barrier for the Market
May 12, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/mxs5kp/global_biochar) has announced the addition of the “Global Biochar Market 2015-2019” report to their offering.
Biochar is a porous stable solid, which is rich in carbon. It is produced from the carbonization of biomass. It is a type of charcoal used for soil amendment and filtration. Biochar’s carbon sequestration characteristics help mitigate climate change. It is naturally found in soil as a result of natural vegetation or forest fires.
The analysts forecast the global biochar market to grow at a CAGR of 15.46 percent over the period 2014-2019.
Key vendors
– Agri-Tech Producers
– Biochar Products
– Diacarbon Energy
– Pacific Biochar
– Phoenix Energy
Other prominent vendors
– Advanced BioRefinery
– Avello Bioenergy
– Biochar Now
– Biochar Supreme
– Biogreen-Energy
– DynaMotive Energy Systems
– Encendia Biochar
– Green Harvest Group
– International Tech
– Tolero Energy
Commenting on the report, an analyst from the team said: One of the main factors restricting the commercialization of biochar is the cost of biochar manufacturing equipment. However, investment is made in the R&D of biochar production technologies, which is expected to reduce the manufacturing cost of biochar. Also, governments worldwide are providing grants and subsidies to support capital for biochar production equipment. They are investing in R&D through public-private partnerships that have enhanced the production of innovative biochar equipment. These factors will help reduce the cost of biochar significantly in the next five years.
According to the report, the advantages of biochar carbon sequestration projects including reduction of greenhouse gases emissions are propelling market growth as carbon can be retained in the soil for a long period of time.
For more information visit http://www.researchandmarkets.com/research/mxs5kp/global_biochar
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